Lloyds Bank launches £1.75bn buyback after profit beat, even as motor finance bill swells
Lloyds Banking Group posted a 12% rise in 2025 pre-tax profit to £6.7 billion, beating forecasts. The bank launched a £1.75 billion share buyback and raised its 2026 profitability targets. Motor finance provisions reached £1.95 billion after new charges. Net interest income climbed 6% to £13.6 billion.